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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
ASSETS    
Utility plant, at original cost (less accumulated depreciation - 2024 - $185,089; 2023 - $185,170) $ 723,823 $ 714,284
Current assets    
Cash and cash equivalents 6,251 2,505
Accounts and other receivables (less provision for expected credit loss - 2024 $338; 2023 - $328) 11,676 12,830
Income tax receivable 163 1,799
Unbilled operating revenues 2,813 1,934
Materials and supplies 4,763 5,983
Prepaid property taxes 3 2,269
Prepaid expenses and other 3,471 3,297
Total current assets 29,140 30,617
Other assets    
Non-utility property (less accumulated depreciation - 2024 - $1,084; 2023 - $1,052) 3,624 3,693
Other deferred assets 8,962 8,504
Goodwill 1,939 1,939
Operating lease right of use assets 501 506
Total other assets 15,026 14,642
Regulatory assets, net 15,142 7,289
Total Assets 783,131 766,832
Stockholders' equity    
Common stock 10,296 10,285
Preferred stock 0 0
Additional paid-in capital 143,663 143,369
Retained earnings 80,457 76,743
Total stockholders' equity 234,416 230,397
Long-term debt, net of current portion 177,493 178,307
Total stockholders' equity and long-term debt 411,909 408,704
Current liabilities    
Lines of credit 0 0
Current portion of long-term debt 2,228 2,235
Accounts payable 7,801 9,697
Accrued expenses 4,870 3,519
Overdraft payable 74 9
Accrued interest 2,246 2,275
Income taxes payable 645 2
Customer and other deposits 2,898 2,983
Other 1,672 1,694
Total current liabilities 22,434 22,414
Commitments and contingencies
Deferred credits and other liabilities    
Net advances for construction 2,593 2,797
Operating lease liabilities 499 503
Regulatory liabilities 33,467 25,676
Deferred investment tax credits 416 423
Deferred income taxes 51,044 58,381
Total deferred credits and other liabilities 88,019 87,780
Net contributions in aid of construction 260,769 247,934
Total Liabilities and Stockholders' Equity $ 783,131 $ 766,832